Summary of What HR Executives Need to Know About the Results of the US Presidential Election

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What HR Executives Need to Know About the Results of the US Presidential Election summary
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What does Donald Trump’s election as the 45th US president mean for American businesses? In this informative article, the experts at CEB offer insights into how HR executives can prepare for the policy changes likely to occur under the Trump Administration. The report details probable changes to the Affordable Care Act, immigration policy, compensation rules, parental leave and other regulations and discusses how these shifts may affect businesses. Additionally, the report gives helpful recommendations for how best to support employees during this period of transition. While always politically neutral, getAbstract recommends this succinct analysis to HR executives.

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Summary

The outcome of the 2016 US presidential election means policy alterations are coming that will affect American businesses and their employees. Modification to the Affordable Care Act is one of the main changes anticipated. President-elect Donald Trump and Congressional Republicans will likely make some of the following changes:

  • Remove added tax on “high-value health care plans.”
  • Cut the insurance mandates for both individuals and businesses.
  • Eliminate controls on high-deductible insurance plans.
  • <...

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